Monthly Archives: July 2003

SCOR and Subs on Watch Neg

S&P placed all its long-term ratings, including its “A-” counterparty credit and insurer financial strength ratings, on France-based reinsurer SCOR...

Montpelier Re Gets ‘A3’

Moody’s assigned an “A3” (Good) insurance financial strength rating to Montpelier Reinsurance Ltd., a Bermuda-based property catastrophe and specialty property...

GE Financial/P&C Under Review

A.M. Best Co. has placed the financial strength rating of “A” (Excellent) of the members of GE Financial/P&C under review...

James River Assigned

A.M. Best Co. assigned an initial financial strength rating of “A-” (Excellent) to James River Insurance Company (James River). The...

Sheffield Earns ‘A’ From S&P

S&P assigned its “A” financial strength rating to Sheffield Insurance Corp., a writer of specialty insurance, based on its integration...

Gulf Insurance Group Downgraded

A.M. Best Co. downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of the Gulf Insurance Group. The...

Atlantic Mutual Lowered

Standard & Poor’s Ratings Service lowered its counterparty credit and financial strength ratings on Atlantic Mutual Insurance Co., Centennial Insurance...

ANONYMOUS TIPSTER GETS $1K:

Due to an anonymous tip, Texas Mutual Insurance Company will be recovering over $8,200 in restitution and will save over...

ARK. WC RATES JUMP A LITTLE:

Arkansas Insurance Commissioner Mike Pickens announced an overall loss increase of 1.8 percent in the state’s Workers’ Compensation voluntary insurance...

TEXAS CO. GUILTY OF WC FRAUD:

Travis County District Judge Patrick Keel has found that a San Antonio janitorial company lied about its payroll to get...